Episode 804

In this special episode of the Keiser Report from New York City, Max Keiser and Stacy Herbert discuss the return of fear as global stock markets begin to wobble. They examine the role of central banks in performing magic tricks that are far too convincing, thus conning investors to misallocate capital. In the second half, Max interviews investment banker and author Chris Whalen about global stock markets and the perhaps unpayable debts of many nations, states and municipalities around the world - including Puerto Rico and Chicago.